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Bitcoin Hits $114K as Inflation Cools

The cryptocurrency was buoyed by an unexpected drop in wholesale inflation for the month of August as published by the Bureau of Labor Statistics. BTC Breaches $114,000 After PPI Report Economists were caught off guard o...

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Bitcoin Hits $114K as Inflation Cools
The cryptocurrency was buoyed by an unexpected drop in wholesale inflation for the month of August as published by the Bureau of Labor Statistics. BTC Breaches $114,000 After PPI Report Economists were caught off guard on Wednesday morning when the Bureau of Labor Statistics (BLS) announced a 0.1% drop in the August Producer Price Index […]

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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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